Insurance to be Provided by Tenant. From and after the Commencement Date or the date Landlord gives Tenant possession of the Premises, whichever first occurs, and continuing thereafter until the expiration or sooner termination of the term hereof (or the date on which Tenant has completely vacated the Premises, if that occurs subsequent to the expiration or termination of the term), Tenant shall carry and maintain, at its sole cost and expense, the following types of insurance (affording primary coverage) in the amounts specified and in the form hereinafter provided for:
(a) Property damage insurance covering (i) the Premises, including all improvements as may be made by Tenant pursuant to EXHIBIT "C" and Article 10 hereof, and (ii) Tenant's Property, including all trade fixtures, inventory, merchandise and other personal property from time to time in the Premises, both in amounts not less than one hundred percent (100%) of their replacement cost valuation from time to time during the term of this Lease (with a value endorsement deleting any coinsurance provisions), providing "all risk coverage" (also known as "special causes of loss"), including sprinkler leakage and plate glass coverage and coverage for flood and earthquake. Unless this Lease is terminated pursuant to Paragraph 19.2, the proceeds of such insurance shall be used for the repair or replacement of the property so insured, and any deficiency (whether due to inadequacy of coverage, a deductible, or otherwise) shall be paid for by Tenant. Following a casualty (and regardless of whether or not this Lease is terminated pursuant to Paragraph 19.2), the proceeds under (i) above shall be paid to Landlord and Landlord's lenders, as their respective interests may appear, and the proceeds under (ii) above shall be paid to Tenant. Except in the event this Lease is terminated under Paragraph 19.2, the proceeds so paid to Landlord (or Landlord's lenders) shall be made available to Tenant for payment of the costs and expenses of repair incurred by Tenant; PROVIDED, however, that such proceeds shall be allocated to Tenant subject to reasonable conditions including, but not limited to, an architect's certification of costs, retention of a percentage of such proceeds pending recordation of a notice of completion, and other customary builder's disbursement controls, all at the sole expense of Tenant. In the event that the insurance proceeds are insufficient to cover the cost of repair, then any amounts required over the amount of the insurance p...
Insurance to be Provided by Tenant. Tenant will add coverage for the Leased Premises on its current policy and maintain coverage throughout the term, the following: (a) comprehensive general liability insurance insuring against claims for bodily injury, death or property damage occurring on, in or about the Leased Premises; Tenant will include Landlord as a loss payee on such insurance coverages. Tenant may, at Tenant's discretion and expense, maintain business interruption insurance.
Insurance to be Provided by Tenant. Tenant shall maintain throughout the Term, at its expense, the following insurance: (a) casualty insurance against loss or damage by fire and other risks from time to time included under all-risk policies, including vandalism and malicious mischief, theft, explosion, and water damage of any type, including sprinkler leakage and bursting and stoppage of pipes, covering the Tenant's Work and Tenant's personal property in the Premises, including, without limitation, its merchandise, trade fixtures, equipment, furnishings, wall and floor coverings, and drapes, in the amount of the full replacement cost thereof; (b) commercial general liability insurance (including contractual liability that recognizes this Lease) against claims for bodily injury, personal injury, death or property damage occurring on, in or about the Premises, such insurance to afford protection of not less than $2,000,000 combined single limit per occurrence and $2,000,000 in the annual aggregate; (c) workmen's compensation insurance in amounts required by applicable law or statute covering all personnel employed in connection with any work done on or about the Premises; (d) if the Permitted Use includes sale and/or serving of alcoholic beverages, insurance in the amount of at least $3,000,000 covering any claims arising under applicable law relating to the storage, sale, use or giving away of any fermented, alcoholic or other intoxicating liquor or beverage, which claims could be asserted against Landlord, Tenant or the Premises; (e) insurance against loss or damage to plate glass in or on the Premises; and (f) such other insurance on the Premises in such amounts and against such other insurable hazards which at the time are commonly obtained in the case of property similar to the Premises.
Insurance to be Provided by Tenant. Tenant shall maintain throughout the Term, at its expense, insurance of the following character:
(a) casualty insurance against loss or damage by fire and other risks from time to time included under “extended coverage” policies, in the amount of the full replacement cost of all Tenant Improvements and all subsequent alterations, additions and improvements to the Premises and all furniture, trade fixtures, equipment, merchandise and all other items of Tenant’s property on the Premises; (b) comprehensive general public liability insurance (including contractual liability) against claims for bodily injury, death or property damage occurring on, in or about the Premises and the adjoining streets, sidewalks and passageways, such insurance to afford protection of not less than $1,000,000 combined single limit per occurrence; (c) workmen’s compensation insurance in amounts required by applicable law or statute covering all personnel employed by Tenant (i.e., employees and not independent contractors) in connection with any work done on or about the Premises; (d) insurance against loss or damage to plate glass in or on the Premises; and (e) such other insurance on the Premises in such amounts and against such other insurable hazards which at the time are commonly obtained in the case of property similar to the Premises.
Insurance to be Provided by Tenant. From and after delivery of the Premises to Tenant, Tenant shall carry, at Tenant’s sole cost and expense, the following types of insurance, in the amounts specified: (i) causes of loss - special form property insurance including sprinkler leakages, earthquake, flood and collapse, in an amount equal to the full replacement cost of all improvements, furniture, equipment and property of every designation and kind in or serving the Premises or for which the Tenant is legally liable (including Landlord’s property described on Exhibit B), together with standard broad form boiler and machinery insurance coverage if it applies; (ii) a policy or policies of business income/business interruption insurance and extra expense coverage (collectively, “Business Income Insurance”) with coverage that will reimburse Tenant for all direct and indirect loss of Income and charges and costs incurred arising out of all named perils insured against by Tenant’s policies of property insurance, including prevention of, or denial of use or access to, all or any part of the Premises or Village Center as a result of those named perils. The Business Income Insurance must provide coverage for no less than twelve (12) months of the loss of income, charges and costs contemplated under this Lease; (iii) Commercial General Liability Insurance, to include personal injury liability, bodily injury, contractual liability, owned, non-owned and hired automobile liability, owners’ and contractors’ protective and premises operations products and completed operations insurance coverage, written on an occurrence basis with a combined single limit of not less than One Million and No/100 Dollars $1.000,000.00)and not less than a general aggregate limit of Two Million and 00/100 Dollars ($2,000,000) utilizing ISO policy form CG 0001 or its equivalent; and (iv) a policy or policies of worker’s compensation insurance with an insurance carrier and in amounts approved by the state agency exercising jurisdiction in the matter and a policy of employer’s liability insurance with limits of liability not less than One Million and No/100 Dollars ($1,000,000.00) each accident. One Million and No/100 Dollars ($1,000,000,00) disease policy limit and One Million and No/100 Dollars ($1,000,000.00) disease each employee (both of such policies to contain waivers of subrogation in favor of Landlord), Tenant acknowledges and agrees that Landlord shall not carry any insurance on Tenant’s property, equipment or other trade f...
Insurance to be Provided by Tenant. Tenant shall maintain throughout the Term, at its expense, and shall require that any subtenant maintain, with a company or companies acceptable to Landlord, during the Term: (a) Commercial General Liability Insurance on a primary basis and without any right of contribution from any insurance carried by Landlord covering the Premises on an occurrence basis against all claims for personal injury, bodily injury, death and property damage, including contractual liability covering the indemnification provisions in this Lease. Such insurance shall be for limits that are not less than a combined single limit of One Million Dollars ($1,000,000.00), with an excess limits (umbrella) Policy in the amount of $5,000,000; (b) Workers' Compensation and Employers' Liability Insurance for an amount of not less than Two Million Dollars ($2,000,000.00), both in accordance with the laws of the State of Colorado; (c) “All Risks” property insurance in an amount adequate to cover the full replacement cost of the Premises and all Tenant additions or alterations, equipment, installations, fixtures and contents of the Premises in the event of loss; (d) In the event a motor vehicle is to be used by Tenant in connection with its business operation from the Premises, Comprehensive Automobile Liability Insurance coverage with limits of not less than Two Million Dollars ($2,000,000.00) combined single limit coverage against bodily injury liability and property damage liability arising out of the use by or on behalf of Tenant, its agents and employees in connection with this Lease, of any owned, non-owned or hired motor vehicles; and (e) such other insurance or coverages as Landlord reasonably requires. Tenant further represents that Tenant is in compliance with the provisions of any applicable laws in respect to obtaining flood insurance and has supplied Landlord with evidence of such compliance.
Insurance to be Provided by Tenant. At its sole cost and expense, Tenant shall maintain in full force and effect during the Term the following policies of insurance:
Insurance to be Provided by Tenant. From and after the Commencement Date, and continuing thereafter until the expiration or sooner termination of the Term, Tenant shall carry and maintain, at its sole cost and expense, the following types of insurance affording primary coverages in the amounts specified and in the form hereinafter provided:
Insurance to be Provided by Tenant. During the Term, Tenant, at its sale cost and expense, shall: Maintain or cause to be maintained a policy or policies of insurance against loss or damage to the Premises and the Improvements, resulting from fire, lightning, vandalism, malicious mischief, and such other perils ordinarily included in extended coverage fire insurance and casualty loss policies. Such insurance policy shall be maintained in an amount not less than one hundred percent (100%) of the “Full Replacement Cost” of the Improvements, as defined herein in this Article 15. Maintain or cause to be maintained such policies of insurance, in such amounts and with such terms and conditions that are set forth in any loan documents concerning the Improvements. Maintain or cause to be maintained Commercial General Liability insurance, in an amount not less than Five Million Dollars ($5,000,000), per person, per occurrence and not less than Ten Million Dollars ($I0,000,000) aggregate limit with deductible or self-insurance of not more than $100,000 . Aggregate limits shall be specific to the premiums. The required amount of insurance shall be subject to increases as Landlord may reasonably require from time to time. Tenant agrees that provisions of this paragraph as to maintenance of insurance shall not be construed as limiting in any way the extent to which Tenant may be held responsible for the payment of damages to persons or property resulting from Tenant's activities, or the activities of any other person or persons for which Tenant is otherwise responsible. Maintain or cause to be maintained worker's compensation insurance issued by a responsible carrier or through or a self insurance program, as authorized under the laws of the State of California to insure employers against liability for compensation under the workers' compensation laws now in force in California, or any laws hereafter enacted as an amendment or supplement thereto or in lieu thereof. Such workers' compensation insurance shall cover all persons employed by Tenant in connection with the Premises, Improvements and Programs and shall cover full liability for compensation under any such act aforesaid, based upon death or bodily injury claims made by, for or behalf of any person incurring or suffering injury or death in connection with the Premises or the Improvements or the operation thereof by Tenant. If Tenant self-insures for worker's compensation, Tenant must provide District with a Certificate of Consent to Self-Insure iss...
Insurance to be Provided by Tenant
